The Costs Associated with Reengineering Machinery and Its Location Within

question 108

Multiple Choice

The costs associated with reengineering machinery and its location within the factory to increase efficiency would be considered which element of the value chain?

• A)Customer service
• B)Marketing
• C)Research and development
• D)Design

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Definitions:

Firm Implementation

The process of putting a business strategy or plan into action to achieve its goals and objectives.

Float

The time difference between when a check is written and when the funds are actually withdrawn from the account, or the number of shares available for trading of a particular stock.

Smart Card

A smart card is a plastic card embedded with a microprocessor chip, which can store and process data, used for various purposes such as financial transactions, identification, and access control.

Dividend Capture

An investment strategy aimed at buying stocks before the ex-dividend date and selling them shortly after, to collect dividend payouts.